Adidas Current Ratio

65.97  1.31  1.95%
       
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Adidas 
Current Ratio 
 = 
Current Asset 
Current Liabilities 
 = 
1.51 times

About Current Ratio

Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e. Current Ration of 2 to 1).
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Adidas Current Ratio Assessment

Ratio  
Benchmark  Embed   Alliance Comparables 
In accordance with recently published financial statements Adidas AG has Current Ratio of 1.51 times. This is 43.87% lower than that of the Consumer Goods sector, and 48.81% lower than that of Textile - Apparel Footwear and Accessories industry, The Current Ratio for all stocks is 58.63% higher than the company.
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Found 6 equities

Current Ratio

NKE GERNike Inc
2.52 times
PPX GERKering SA
0.98 times
ADS GERAdidas AG
1.51 times
PUM GERPUMA SE
1.87 times
GHH GERGeox SpA
1.85 times
1PL GERPowerland AG
3.44 times
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Current Ratio Comparison

Adidas is rated fifth in current ratio category among related companies.
Current Ratio  
Benchmark  Embed   Alliance Comparables 
SymbolADS
NameAdidas AG
InstrumentGermany Stock
Risk-adjusted AdviceStrong Hold Fairly Valued
CurrencyEUR - Euro
ExchangeXETRA Stock Exchange
Descriptionadidas AG together with its subsidiaries designs develops produces and markets athletic and sports lifestyle solutions worldwide. more

Other Adidas Fundamentals

Return On Equity10.78 %
Return On Asset5.31 %
Profit Margin3.25 %
Operating Margin6.69 %
Current Valuation15.11 B
Shares Outstanding200.2 M
Price to Earning27.75 times
Price to Book2.48 times
Price to Sales0.88 times
Revenue15.64 B
Gross Profit6.92 B
EBITDA1.32 B
Net Income589 M
Cash and Equivalents1.1 B
Cash per Share5.50 times
Total Debt1.93 B
Debt to Equity0.35 times
Current Ratio1.51 times
Book Value Per Share27.71 times
Cash Flow from Operations821 M
One Year High78.05
One Year Low52.94
Earnings Per Share2.48 times
Number of Employees54.34 K
Market Capitalization13.75 B
Total Asset12.75 B
Retained Earnings4.61 B
Working Capital2.51 B
Current Asset7.4 B
Current Liabilities4.89 B
Z Score5.2